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Financial Planning Exerclse 1 Estimating cost of mutual fund investments Use the mutual fund quotes in table below, and assume that you can buy these

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Financial Planning Exerclse 1 Estimating cost of mutual fund investments Use the mutual fund quotes in table below, and assume that you can buy these funds at their quoted net asset values. EXHIBIT 13,4 Mutual Fund Quotes open-end mutual funds are listed separately from other securities and have their own quotation systemc an example is shown here in online quotes from The Wel Street Journal Note that these securities are also quoted in dollars and cents and that the quotes include not only the fund's NAV but also yearto date mDl returns. Also included as part of the quotes is an indication of whether the fund charges redemption and/or 12b-1 fees. American Century Core Plus Fund class A shares. a fund with a frontend load Symbol NAV Chu %return %chg American Century American Century Emerg- CorePis p 1087 -0.01 0.9 2.2 ing Markets, class A shares; EmgMktAt AEMMX 9.31 0.04 11.9 9.6 a fund with both 12b-1 and Growth p 29.68 5.7 16.7 front-end load fees (th, AIBDx ntlBndt 12.41 -0.10 -5.1 -3.5 American Century Interna- MMBAX 11.41 0,01 -0.5 0.01 tional Bond Fund. class A shares: a fund with a front- Artisan Funda end load fee and possible EmgMktsl 13.03 8.9 13.03 redemption fee (p). EmgMktsl APHEX 12.93 0.03 8.7 5.3 American Century Long- ntlVal Inv 36.81 -0.21 76 18.8 Term Tax Free Fund, class A MidCaplnv ARTMX 48.20 -0.01 6.1 179 25.61 -0.07 3.9 ARTVX 14.30 -0.09 1.1 8.0 shares, a fund with a front- MidCapVal inv end fee (pl. SmCapVal Inv Artisan International Value Valuelnv 13.87 -0.04 60 15.4. Fund a true no load fund (no front-end, back-end, or p-Distribution costs apply 12b-1 12b-1 fees) r-Redemption charge may apply t- Footnotes p and rapply The Wall Street koiriaal,ht 2 3048 usmfanda A-asamfundshtml, aceeaed May 22.2015. NAV net aaet value. angchange in NAV from previous trading day car dg is trailing three-year annualized How much would you have to pay to buy each of the following funds

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